Economics
Gasoline Gains on Optimism That U.S., China Will Grow
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Gasoline rose the most in five weeks as a Federal Reserve report showed increased U.S. economic activity and China’s premier pledged support for policies to boost the economy.
Futures gained as the Chicago Fed’s national index, which draws on 85 economic indicators, climbed to 0.11 in April, versus minus 0.44 in March. Chinese Premier Wen Jiabao called for “putting stabilizing growth in a more important position,” easing concern the world’s second-largest economy is slowing.